Many Project Mild Interest in Private Equity Among DC Plans
The broad trend of fiduciaries pursuing the lowest cost passively managed investment options will likely temper plans sponsors’ interest in...
News
15th Anniversary of RPAY: Barbara Delaney
After exploring a number of large benefits firms that they thought could be potential purchasers, last September, the former PLANSPONSOR...
EvoShare’s Cash Back Savings Program Added to iJoin Platform
Cash back on spending can be contributed to a 401(k), 529 plan or HSA.
Investment Product and Service Launches
WisdomTree builds ETF portfolios for fintech firms; SSGA adds new ESG ETF; and IM issues fee benchmarking solution.
Giving Back: Lessons in Mentorship from Soraya Morris
Soraya Morris is a lead trainer at Envestnet | MoneyGuide. She formerly worked for a fee-only registered investment adviser and...
Princeton ERISA Settlement Features $5.8M Price Tag
In addition to the payment into a settlement fund, Princeton has agreed to what the settlement agreement calls “therapeutic relief,” including a pledge to not raise fees.
Quest Diagnostics Faces Additional ERISA Litigation
The medical testing company is already facing scrutiny for its use of actively managed investments within its retirement plan; it is now the subject of a broader excessive...
Should Advisers Bother With Pension Plans?
Most in the retirement planning industry agree that defined contribution is the future. But what opportunities are there for advisers...
La Meer Launches Cloud-Based Reg BI Compliance Platform
The platform is known as ‘GRACE’ and seeks to make it easier for advisory firms to meet the requirements of Regulation Best Interest while working in a remote-first...
Republic, GreatBanc Agree to Settlement of ESOP Lawsuit
The lawsuit alleges a series of bad-faith dealings were made that caused losses to the ESOP while benefiting executives.
Appeals Court Hands Wells Fargo Another Win in Stock Drop Case
The case represents yet another example of ‘stock drop’ litigation that has failed to make it beyond the pleading stage after the influential Supreme Court ruling in a...
SEC Charges VALIC Financial Advisors With Deceptive Sales Practics
The firm was also charged with mutual fund share class violations.
Why to Consider Minority Stake PE Investments
Minority stake investments made by private equity firms are common in some industries. Might the registered investment adviser space be...
T. Rowe Price: 401(k) Participation Nears 80%
What is particularly encouraging is that 37% of plans on T. Rowe Price’s platform automatically enroll their participants at a...
Transamerica Offers Suite of Health Savings, Spending Accounts
The offerings include an HSA, HRA and FSA.
John Hancock ERISA Challenge Moves Ahead Digitally
It now appears the self-dealing lawsuit will proceed to discovery, as a judge has digitally denied John Hancock’s motion to dismiss.
Employees More Focused on Financial Planning Related to Life Events
Employees surveyed said their ideas and feeling about money varied greatly throughout each life stage, and 40% identified more with others who are going through similar life events...
Where Are They Now? A Mother-Daughter Team at Cafaro Greenleaf
Dorann Cafaro, one of the earliest winners of the Retirement Plan Adviser of the Year award, has retired from the...
Retirement Industry People Moves
Tiedemann Advisors selects Family Governance head; Mutual of Omaha promotes national 401(k) sales director; Tech and client services head joins...
Advisers as Advocates for Systemic Change
Jamie Kalamarides is president of Prudential Group Insurance. He recently jumped on the phone with PLANADVISER for a frank and...